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1^  IIIIIM 


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12.0 


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Photographic 

^Sciences 

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I 


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L'exemplaire  fitmi  fut  reproduit  grSce  d  la 
gdndrositd  de: 

McLennan  Library 

McGIII  University 

Montreal 

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filmage. 

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par  le  premier  plat  et  en  terminant  soit  par  la 
dernidre  page  qui  comporte  une  empreinte 
d'impressior  ou  d'illustration,  soit  par  le  second 
plat,  selon  le  cas.  Tous  les  autres  exemplaires 
originaux  sont  fllmds  en  commenqant  par  la 
premidre  pagu  qui  comporte  une  empreinte 
d'impression  ou  d'illustration  et  en  terminant  par 
la  dernidre  patje  qui  comporte  une  telle 
empreinte. 

Un  des  symboles  suivants  apparaitra  sur  la 
darnidre  image  de  cheque  microfiche,  selon  le 
cas:  le  symbols  — ^-signifie  "A  SUIVRE",  le 
symboie  V  signifie  "FIN". 

Las  cartes,  planches,  tableaux,  etc.,  peuvent  dtre 
filmds  a  des  taux  de  reduction  diffdrents. 
Lorsque  le  document  est  trop  grand  pour  dtre 
reproduit  en  un  seul  cliche,  il  est  filmd  d  partir 
da  Tangle  supdrieur  gauche,  de  gauche  d  droite, 
et  de  haut  en  bas,  en  prenant  le  nombre 
d'images  ndcessaire.  Les  diagrammes  suivants 
illustrent  la  mdthode. 


1 

2 

3 

1 

2 

3 

4 

5 

6 

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£l£\rATia/ll  OFTNE R£0  MCMmTEAT M^aLAN  MOl/JVTAIN 


APPEARANCE  OF  SPECULAR  IRON  ORE  AT  MILL  BROOK. 


^  '^^^d)^^?r^/^(mm:^'m. 


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CONSTITUTION 


AND 


BY-LAWS 


OF    Till? 


im  RIVER  IRON  AND  COil  COMPANY. 


OiV  MILL  BROOK,  PICTOU  CO.,  N.  S. 


WITH   A  DESCRIPTION   OF  THE  MINES  AND  TIIEIU  SUUROUNDINOS. 


THE  GREAT  SPECrE.tR  ORE  RED  AND  COAL  FIELD. 


J. 


BOSTON: 
J.    E.    FARWELL    AND    COMPANY,    PRINTERS, 


37     C  O  K  O  R  K  S  .1     S  1'  K  K  K  1  . 


18C4. 


BOARD      OF     OFFICERS. 


.1.  i:.  FAit\vi:i,r,,  i-uksipknt, 

.'t7  C(j.N(I|:kss  SiiiKtT. 


WINSJ.UW    S.  KVLK,    Vu  K-ruiosiunsT, 

!•  Statu  stukkt. 

EDMUND   v..  racAH,   Thkaslkhk. 

I'lKl.Nl.X    llfll.Ill.VO. 

AlilKL     AliliOTT,     SKt'l'.KTAK  V     AND    ATTOHN' 15  Y, 
a  Statk  htiiekt. 


i 


DESCIlirTION   OF   THE   MINES,  ETC. 


The  East  Eiver  Iron  and  Coal  Company  (embrac- 
ing an  area  of  two  and  a  half  square  miles)  was 
organized  in  September,  18()3,  under  the  (ieneral 
Laws  of  Massachusetts,  with  a  capital  of  $ -U)(),()()(), 
divided  into  (),0()0  shares  of  $  50  each.  $  10{),()()0 
(or  2,000  shares)  to  remain  in  thc^  Treasury  for  work- 
ing capital,  and  to  provide  against  assessments. 

These  Mines  arc  located  on  ^[ill  Creek,  in  Pictou 
County,  N.  S.,  in  the  immediate  neighborhood  of  East 
Kiver,  and  twelve  miles  from  the  seaport  town  of  New 
Glasgow,  where  shipping  can  be  obtained. 

The  quantity  of  ore  is  considered  as  inexhaustible, 
and  the  quality  excellent  for  making  wrought  iron, 
(as  seen  by  Dr.  Jackson's  Analysis,  which  is  58A  pure 
metallic  iron.)  About  eight  tons  of  good  ore  was 
taken  from  the  surface,  which  will  probably  be  richer 
as  it  is  worked  down  into.  It  is  easily  mined  and  can 
be  transported  to  shipping  on  very  ad/antageous  terms. 

Several  commodious  sawmills,  of  easy  access,  are 
in  close  proximity,  which  can  execute  all  orders  at 
very  low  prices,  and  timber  can  be  obtained  at  mod- 
erate rutes. 


There  arc  also  larfjfc  mid  convcuient  liouscs  in  the 
immediate  ncifjfhborhood,  »vhcrc  persons  can  obtain 
board  at  low  prices. 

Water  and  fuel  arc  of  easy  access,  and  the  expenses 
of  mining  are  remarkably  low.  Its  streams  and  forests 
furnish,  with  but  little  outlay,  an  abundant  supply  of 
botli  water  and  fuel. 

There  are  sure  indications  of  coid  in  great  abun- 
dance on  the  land  belonging  to  the  Company,  which 
can  probably  be  mined  and  delivered  at  one  dollar  and 
fifty  cents  per  ton,  after  the  mines  are  opened. 

Albion  Coal  costs  ^  3.50  per  tow,  delivered.  This 
coal  is  of  a  superior  quality  for  manufacturing  pur- 
poses, and  two  tons  are  sufficient  to  manufacture  one 
ton  of  iron. 

There  are  two  excellent  roads  from  the  mines  to 
New  Glasgow. 

The  entire  cost  of  putting  up  four  furnaces,  with 
all  necessary  machinery,  tools,  &c.,  capable  of  man- 
ufacturing eight  tons  of  iron  per  day,  will  not 
exceed  ^  18,000. 

The  whole  cost  of  m.ining,  manufacturing,  use  of 
tools,  royalty  on  patent,  freight  on  iron  to  Boston, 
tariff,  and  all  other  expenses,  will  not  exceed,  in  our 
opinion,  twenty-five  dollars  per  ton. 

The  present  price  of  iron  is  from  eighty  to  ninety 
dollars  per  ton,  depending  upon  its  quality. 


At  ^  SO  per  ton  the  net  profit  would  be  !j<  55.00  per 
ton,  making  a  yearly  profit  of  $  132,000  in  operating 
witl.»  four  furnaces  only. 

We  have  caused  a  specimen  of  the  ore  to  bo  assayed 
by  Dr.  Charles  T.  Jackson,  the  State  Assaycr,  who  has 
furnished  us  with  the  following  certificate  :  — 

ItKPORT   OF    mi.  CHAULES   T.  JACKHON,  STATE    ASSATEU. 

Boston  April  12,  18 04. 

To  TUE  President  and   Diuectous  oi  the  East  1*ivek 
Ikon  ani    Coal  Comi'any. 

Cents  :  I  received  from  you  a  mass  of  !R''caccou8  Specular 
Iron  Ore  mixed  with  silicious  rock,  and  have,  aa  you  rccjuested, 
made  an  analysis  of  the  ore,  picked  clean  as  it  can  he  from  the 
rock,  and  have  obtaihcd  the  following  resultb  per  cent :  — 

Per  Oxide  of  Iron,  83 

Insoluble  rock  and  a  little  Titanic  Oxide,  16 


Loss 


99 
1 

100 


83  per  oxide,  contains  58,^5  metallic  iron. 
Yours  respectfully, 

C.  T.  .JACKSON,  M.  D. 

State  Assayer, 

Attention  is  also  called  to  the  following  letter  from 
Mr.  Harrington  Hinckley,  (a  gentleman  who  has  had 
over  thirty  years  experience  in  the  iron  business,)  and 


has  built  one  furnace  in  Nova  Scotia,  and  therefore 
knows  the  probable  cost  of  labor  and  materials  in  this 
locality. 


To  THE   President  and  Directors  of  the  East  Rivek, 
N.  S. Iron  and  Coal  Company : — 

Gents  :  In  relation  to  your  East  River  Specular  Iron  Ore 
lime  in  Pictou  County,  Nova  Scotia,  and  my  observation  of 
the  same,  I  would  say  that  I  visited  that  country  in  June  last, 
18  03,  and  found  tlie  Red  Ifomatiie  Ore  Deposit  on  the 
nortlieastcrly  side  of  the  East  River  to  he  of  vast  extent,  of 
-.vliicli  I  procured  a  quantity  for  my  employers. 

Tliis  Deposit  lays  ahout  12  miles  from  New  Glasffow,  N.  S., 
at  the  head  of  navigation.  There  is  a  good  county  road  up 
the  easterly  side  of  E.  River  to  this  mine,  it  being  about  two 
miles  from  the  River,  or  River  Road.  This  mine  being  open 
to  view,  directly  opposite  on  the  southwesterly  side  of  E. 
Elver,  say  three  miles  distant  from  this  bed,  I  found  the 
Specular  Iron  Ore,  being  about  one  mile  from  the  river  and 
road,  on  the  westerly  side  leading  to  tide-water  also. 

This  Deposit  does  not  crop  out,  it  being  a  large  field,  and, 
on  opening  the  earth  iu  ditfcrent  places,  say  from  one  to  four 
feet  deep,  the  same  material,  or  ore,  was  found  in  a  solid  body, 
slightly  covered  with  earth.  It  is  cacy  to  l)e  mined,  hy  blast- 
ing in  part,  on  the  top ;  but  I  should  think,  as  you  sink  down 
below  the  action  of  all  frost,  it  would  he  more  solid.  A  por- 
tion of  what  I  took  out  of  this  mine  was,  say  five  or  six  feet 
from  the  surface,  ore  having  been  taken  out  years  before. 

The  present  road  from    the  river,  is  at  right  angles  from  the 
river  road.     A  good  easy  grade  frt)m  the  mine,   in  direction  of 
the  tide-water,  can   be  built,  to  intersect  with  the  river    road, 
say  three  miles  below,  which   would    bo   a  good  v^^orkiiig  i-oad. 
Between   both  these    mines    and    the    Fictou  C'oal   ^Wuck,  are 


€ 


and 


■f« 


several   water  powers  on  the   Main  E.  Kivcr  •    t),»„f        r 
car.,„.  ooal,  three.  fo„r,  „r  fi,e  „iles  up  r  v  r'.o  th      ''    ' 
and  cartino-  the   oro  down   f^  .         ^  '^  I^'^^^^^"' 

vvovl^,        "i    .  "'"'*  ^^  ^  P«"^t  selected  for  tlie 

to  "  h!  V'*""  ^y^"-^  '^""^^^"^  ^^-^  '-^  -il-=^J  six  miles 

to    the   deep    navigable    water,    v-hicii    they    term    -  J 

Ground;  •'  the  dista.ee  fro.  this  deep  wate7to  Z  oreWs' 
ether  sKle,  ,s  U  to  17  n.iles  ineludini  the  railroad  ' 

AS  It  regards  charcoal,  I  was  informerl   l».  +1      •  i    ,  • 
near  the  nrine.  that  unhr^hen  «..::!:  ^  ^: ^^t 

"ver  ....  „   lots,  which  run  hack  one  n,ilo  ,ro„,  „;:,;:;'  °'  "" 

;earee.     The  n,i,l  o.n.rs  on  the  lOa      R™  'r:^,":"    7" 

«o,  m  some  seasons  .■  but  oonid  saw  lo^s  or  grind  ^rain^    th. 
season  by  stopping  factory,  &o  =""<!  gram  all  the 

Ixlasgovv     thus  small  vessels  o„iy,  go  above  the  lojinj  „ron„cl 

the  Coal  JImes.     Cost  nbout  $  7  ,,er  1000  last  Jnne.      ' 

Yours  with  respect, 
Boston,  April  15,  18(i4.  ^-  HINCKLEY. 


For  a  more  extcndod  description  of  these  Mines,  we 

would   refer   to   Jaeks,,..    and  Alger's   Report  of  the 

JXmeralo,,,  and  Geology  of  a  part  of  No,a  Scotia," 

■I'*}  p.  ooO. 
When  the  present  and  prospective  denmnd  for  iron 


8 

.  V  the  richness  and  inexhaustible  quantity 
in  this  country,  the   ictme  ^^^f^^turc  is  con- 

^ryA  thp  low    cost  01   Its   inau. 

of  our  ore,  ar.d  M  ^^^^^^  ^^^  ^.^ty  „„d 


id 


CO.TSTITUTION  Am  BY-LAWS 


or  THE 


EAST  RITER  IROK  AND  CO. 


^L  COMl'AiXY. 


co^''S:,:l^rir;» -:  f;  ^^-^^ «"™  ^-^-  «« 

"nJ  I'Otwocn  ,l,e    "  1!,,  '     '''''  ''"^  "^  S-^l'tcnle,-,  1W3,  bv 
'l.-e  ,.,.o.c.„.s  h  vol;   1    !'•  "^  "     '"■"-'•  "-  P".-tios  .0 

^W,  .l,o,.rf„,,„,  ,.„  i,  J.„      ;:•  J'    ""  -'"""'3'.  Nova  Scotia, 
.M,„„nl  A;„o:a,- ,„  '  !.  ""■"'^'  ^''""  '"=  "-  AhIcIc,  or 

-so.,mo„..     One  1,    I;,  ^  ""'"■■'  ""■''•  ""*  '"'-i-t  (o 

into  tl,o  Tto„.„rA  :     ;' trt  ''""'"''  "'^-""f  ^'■""  '^  1"" 
the  Company.  '     P''  °-  P"'-''«.'"tmg  tl,o  b,„;„os,  of 

bo  vet;.,  ■;„  t  °  citr' '"7"' •■ "' ""'"  ^'™-'"" «'-»» 

2  A^iiectoi.s;  a,Ki  no  act  shall 


1^ 

„.y  bo  Directors,  and  V.  U  c M  ^^^__^^^^^||^.^  ^^_^,,  „ 

Board  of  Directors,  urn  «l,o  '''  »  '  ^  ^^  o,,„„,,„r,  Marel,, 
,,,„,,erly  o«  the  fir.t  ^^"^'^^ ^^^^^^  „„;„aor  provided,  due 
and  June,  of  each  jcar,  ...  a  l>>-'^<=  ,,„„,,ctlo,.  of  b...l.te.s. 

„„tlee  of  vvhlel.  sLa"  '«  S'V™'  f"'  '         st„,ul,oiaers'  ...eetlns 
A,.T.  5.     The  Seeretary  sl.aU  >■•"'  ,^      „  „f,er- 

„„  Ore  flrst  Monday  of  Septentbe  ,  14,  a,^__^^^^  .^  >^  ^^_^^^,  ^^ 
„,,„,„,  at  «hlck  .ueet.ng  the  past  ^^^^^^^  ,^^  g.^.^„ 

laid  before  the,..,  (''"VT,-!  V        E-''  ^''"-'"'''"'  ''""" 
the  Stoekholders  by  *■=  ^^-™^  „f  ,toclc  be  n.ay  hold 
be  e..titlea  to  o,.e  vote  fur  0>e^y  _  ^^ .^,  ,,,„u 

and  absent  i..e...hers  ...ay  vote  by  p.o.  y 

.H-oducc  bis  ....thority  m  wr.t...g.  ^_^^,^  .„  „,,-,,,  the 

'    A..T.  (1.     The   Becreary  ''  j  ^  ^f„,„t„,a,  with  the  nu...- 
nan.cs  of  all  the  Shareholders  s  .dl    e  .^^^^^  ^_^^.^^^^    , 

•        ker  of  Shares  l.eU  by  each  '^^^^  „„,  treasurer  in  the 
Shares  under  the  l.a.rd,  ol  il.e 
form  hereto  annexed  : — 


iTo 


S/i'"ts. 

THE  CHEAT  SVEOULAU  Ollb  UbU  ^  .^    ^^^^^ 

n     1  vitfd  at  Boston,  tUis 3',ea.(urr. 

[seal.]     D.Uuiat^ pytsident.     

Ko  Assessment:*.  , 

Boston, 


te 


11 


^ 


Art.  7  Any  Director  shall  have  the  power  to  call  a 
J^pcaal  Mcffn^j.  or  the  Stockholders  or  of  the  Board  of  Direc- 
tors at  any  time  he  may  think  proper,  for  the  transaction  of 
.my  busmess  that  may  require  expedition  not  consistent  with 
the  regular  meetino-s. 

Airr.  8.  Whenever  any  officer  shall  resign,  the  Board  of 
Dux^ctors  n.ay  receive  his  resignation  and  fill  his  vacancy. 

AUT.  y.  The  Board  of  Directors  are  authorized  to  expend 
all  moneys,  and  dispose  of  all  proi.erty  belonging  to  the  Com- 
pany, but  not  to  contract  debts  when  money  is  not  in  the  treasury 
with  wh.eh  to  pay  the  san.e.  They  may  also  pay  the  officers  a 
reasonable  sum  for  their  services,  and  employ  agents  and  oner- 
utives,  and  erect  such  works  fur  the  benefit  of  the  Company  as 
they  may  thmk  expedient. 

AuT.  10.  These  By-Laws  may  be  amended  or  altered  at  any 
regHihir  meeting  of  the  stockholders  by  a  two  thirds  vote. 

Aht.  11.  The  several  persons  parties  to  this  instrument  do 
hereby  grant  and  convey  to  the  East  liiver  Iron  and  Coal  Com- 
pany all  then-  right,  title,  and  interest  in  the  above  mines,  under 
the  iirovisions  above  specified. 

A^^r  ''"''^'  ""'*  '''''  ''"'  ^'''  '^''^  "^  September, 

G.  W.  BUSTEED, 
J.  E.  FAKWELL, 
A.  G.  TKEADWELL, 

,„.  W.  S.  KYLE. 

nitness:  Abiel  Aubott. 


